Asia’s ultra-luxury Capella Hotels brand plans to double its portfolio by 2030, starting with Florence and Riyadh

Capella Hotel Group, the ultra-luxury hotel group that once played host to the leaders of two nuclear powers, is pursuing more aggressive growth with plans to double its portfolio by 2030 with new ventures in Europe and the Middle East.

“Capella is at an inflection point,” Roland Fasel, the firm’s new president, tells Fortune. “We’ve gained recognition in the last few years and that gives us the confidence to go forward.”

The group’s first European hotel, based in a 12th century compound near Florence’s Duomo cathedral, will open in late 2027. Capella will also debut in the Middle East that same year with a property in Riyadh, Saudi Arabia; there are at least ten other hotels in its pipeline.

COURTESY OF CAPELLA HOTEL GROUP

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